Central Park in offing

KATHMANDU: Clean Developers — an innovative infrastructure company — is launching their first most sought after luxury apartment project ‘Central Park’ at the posh residential area of Bishal Nagar. Spread over in a total area of 18-ropani, this apartment residential complex will be the finest residency for the apartment hunting society, said the company. The project — promoted by Clean Energy Development Bank and other investors — is designed by highly professional team of international architects, landscapers and sustainable development/energy experts, said Ashish Garg, executive director, Clean Developers Pvt Ltd. — HNS

LIC Nepal’s dividend

KATHMANDU: The seventh AGM of Life Insurance Co (Nepal) Ltd decided to give 15 per cent cash dividend. It is the first time that LIC, Nepal is distributing cash dividend, said the company. It has sold 14,422 policies in the first half of the current fiscal year and earned a premium income of Rs 113.23 million. LIC Nepal had sold 27,975 policies worth Rs 192.3 million, an increase of 48.70 per cent in premium income and 26.5 per cent in policies. It had also settled 88 death claims of 16.7 million and settled 888 policies claims of 16.08 million. — HNS

Special tour package

KATHMANDU: Nepal Tourism Board (NTB) completed its three day promotional sales mission in Indian cities of Chandigarh, Jalandar and Amritsar on March 20. It offered a package — devised in coordination with the NAC, Hoteliers and travel agents — of two nights and three days in five star hotel at IRs 15,100 per person and same package in other star facility category at IRs 12,500 per person. Similarly three nights and four days package in five star hotel category is being offered at IRs 17,250 per person whereas in other star category, it can be bought at IRs 13,400 per person. The package includes return air ticket of Nepal Airlines on Delhi-Kathmandu-Delhi route, half day sight seeing and twin sharing on bed and breakfast basis. — HNS

Tansporters penalised

DAMAULI: Minister for Labour and Transportation Management Lekhraj Bhatta carried out the crosscheck of the public transportation at Abhukhaireni on the Prithvi Highway for 15 minutes on Friday. During the crosscheck, he had asked for the vehicles’ license and tickets from the passengers. Above 20 vehicles found charging higher fare than fixed by the government have been sent for action. Similarly, Bhatta also monitored the public transportation fare in Chitwan and Nawalparasi on Friday. — RSS